treasurer's statement and elections. 27 



of the immune body and the complement, both of which take 

 part in bacteriolysis. Passi^ e and active immunity were then 

 compared from the standpoint of the animal cell, the differences 

 between the two forms being thus clearly distinguished. The 

 origin of natural immunity was traced to the microbes that 

 are continually traversing the intestinal mucous membrane and, 

 while being attacked by the immunity bodies, cause the cells to 

 produce a fresh supply of the latter. After illustrating the 

 purely physical nature of the " swallowing " by the mobile 

 phagocytes, the lecturer concluded by emphasising the close 

 relationship between bacteriolysis and digestion. 



The Hon. Treasurer presented the balance sheet for the year 

 1904, which was received and adopted. The Society's income for 

 the year ended December 31st, 1904, was £1,030 Is. 5d.; the 

 expenditure £1,070 3s. lid.; with a debit balance of £23 from 

 the previous year, leaving a debit balance of £63 2s. 6d. The 

 income of the Bacteriological Department was £545 12s. 9d.; 

 and the expenditure £566 10s. 7d.; with a credit balance of 

 £214 12s. lid. from the previous year, leaving a credit balance 

 of £193 15s. Id. In regard to the Macleay Fellowships' Account 

 (Capital) the income was £1,069 9s. Id.; and the expenditure 

 £48 19s. 4d.; leaving a credit balance of £1020 9s. 9d. to be 

 carried to Capital Account. 



No nominations of other Candidates having been received, the 

 President declared the following elections for the current Session 

 to be duly made : — 



President: Thomas Steel, F.C.S., F.L.S. 



Mkmbers op Council (to fill live vacancies) : Prof. T. W. E. 

 David, B.A., F.R.S., Henry Deane, M.A., F.L.S., M. Inst. C.E., 

 James Pv. Garland, M.A., F. E. Grant, F.L.S., Jas. P. Hill, D.Sc, 

 F.L.S., J. H. Maiden, F.L.S., c^-c. 



Auditors : Messrs. Duncan Carson and Edward G. W. Palmer, 

 J.P. 



On the motion of Professor David, a cordial vote of thanks was 

 accorded to the President for his interesting Address, and for his 

 efforts to advance the Society's welfare during his term of office. 



